Share New Ideas — Absa Life Community

SHADOW OVERDRAFT LIMIT

Spieks1 — Fri, 21 Feb 2025 08:31:26 +0000

Few years ago Absa had a shadow overdraft limit available where-in client debit orders was honoured. Now a day the debits are returned even if there are a few rand short. Sometimes it was just a matter of transfering or depositing later the day of transaction, but the return was maid already Then the client is advised to apply for an overdraft, which is difficult to maintain if it is inclueded in the available balance. I suggest you create a facility/product where clients can apply for a shadow limit, which will be "open" for 24 hours so that the provision can be made. It could work exactly as an overdraft, just not available for withdrawals or point of sale purchases.

GM JANSE VAN RENSBURG

Innovative idea to for Enhancing Banking Services.

Igneey — Sun, 19 May 2024 06:57:24 +0000

Dear Sir/Madam,

I hope this message finds you well.

I would like to propose an enhancement to Absa Bank's ATM services. Specifically, I suggest adding an option for cardless withdrawals via a banking app scan. Here is a detailed outline of how this feature could work:

Cardless Service Option: Introduce an option for cardless banking on the ATM menu.
Scan to Withdraw:
The absa client selects "Cardless Banking" and then chooses the "Withdraw Cash using Scan" option.
The client enters the desired withdrawal amount on the ATM.
QR Code Generation:
The ATM generates a unique QR code.
The client logs into the asba banking app, selects the "Scan to Pay" option, and scans the QR code.
The ATM processes and approves the withdrawal.
This feature will enhance the convenience and security of cash withdrawals for absa clients, providing a seamless and efficient banking experience.

Thank you for considering this suggestion. I look forward to your feedback.

Best regards,

Sihle ignecious Mdakana

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Can this link be shared and promoted on PHS

viola — Fri, 08 Mar 2024 12:07:29 +0000

This is a tool created to allow colleagues to share ideas as and when they are conceived. This will help colleagues know who shares the same concerns and solutions thus creating a group of solution orientated people

Fraud/Scam Minimizing Tool

TheosRoeh — Mon, 19 Feb 2024 20:48:44 +0000

We are tired of being scammed. When a person is scammed, they usually know it within 10 minutes. Why doesn't Absa make a feature that allows a person to retract all payments made within 20 minutes from the time a payment was made?
Meaning that even the account receiving the payment locks the payment received for 20 minutes (can't be withdrawn, can't be transfered, can't make purchases) , allowing it to be retractable, coz most often scammers withdraw or transfer the money quickly making it impossible to retract.
This can be an added feature you can charge a small fee for (the same way you charge for instant payments), a person pays an extra R9 to make that kind of payment, and should the person retract a payment, u charge another R9.
For normal payments the duration can be 20 minutes, for instant payments 10 minutes.

Also include this feature for those making physical cash deposits. When they deposit they must include their cellphone number, should they retract, the money will go to their own cellphone number as "cashsend". The retraction can happen via the ATM or inside the branch.
For example, I send someone R500.00. I retract payment at the ATM. U charge R10 for this service. I get a cash send of R490.00

Absa Life: Funeral Product Names Competition!

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ELib funeral - Layvel Up Plan

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